Case details for Stuart  PALETHORPE

Name: Stuart  PALETHORPE

Name: On Form Electrical Limited

Date of Birth: 4 / 1 / 1988

Date Order Starts: 23 / 11 / 2021

Disqualification Length: 5 Years 0 Month(s)

CRO Number: 09439344

Last Known Address: 1 Oxendale Close,, West Bridgford,, , , NOTTINGHAM,, NG2 6SJ

Conduct: Between 07 January 2017 and 19 December 2018 (liquidation) Stuart David Palethorpe failed to ensure that On Form Electrical Ltd (“On Form”) complied with its statutory obligation to submit and pay VAT returns due and from at least 20 December 2017 caused On Form to trade to the detriment of HMRC in respect of VAT, which at liquidation assessed outstanding VAT totalled £102,417 in that:- • On Form traded between February 2015 and November 2018 • HMRC have submitted a proof of debt for £134,126 which included £102,417 for VAT and £15,441 in surcharges. • No VAT return has been submitted for quarter ended 30 November 2016 which would have been due for payment no later than 07 January 2017. No VAT returns have been submitted for the remaining VAT quarters thereafter. Assessments totalling £106,167 have been raised by HMRC. • Between 07 January 2017 and liquidation, payments of £17,750 were made to VAT, of which £14,000 was allocated to previous VAT quarters/surcharges. • An analysis of the available bank statements between 20 December 2017 and 19 December 2018 showed receipts totalling £258,005 and payments totalling £263,603. During that period £3,675 (on 09 January 2018) was paid to HMRC • At liquidation trade creditors totalled £8,417 and HMRC were owed £134,126. Note: Expenditure figure in allegation amended to £263,603 in agreement with Marianne Phillips Civil Lawyer who reviewed the case 07/05/21. 

This information is correct as at 12 / 11 / 2021

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